Nuveen New York Quality Municipal Income Fund
NAN
28 hedge funds and large institutions have $43.7M invested in Nuveen New York Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.29% less ownership
Funds ownership: 9.9% → 8.61% (-1.3%)
7% less capital invested
Capital invested by funds: $47M → $43.7M (-$3.34M)
10% less funds holding
Funds holding: 31 → 28 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Strategic Advisors
New York
|
+$550K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$380K |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
+$235K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$120K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$10.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$3.05M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.77M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$492K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$410K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$370K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHC
26
City Holding Co
Charleston,
West Virginia
| $32K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $27K | – | – | – |
|
28
Citigroup
New York
| $24K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $2K | -$2.17K | -143 | -60% |
|
|
30
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$1.77M | -119,921 | Closed |
|
|
CHAM
31
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$370K | -25,103 | Closed |
|
32
SEI Investments
Oaks,
Pennsylvania
| – | -$65K | -4,401 | Closed |
|
|
AIG
33
American International Group
New York
| – | -$45K | -3,079 | Closed |
|
NAN Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q2 2016, worth a combined $43.7M — down 7.1% from $47M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NAN and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 4 added.
The largest buyer was Strategic Advisors, opening a new position worth an estimated $550K. The largest seller was Tortoise Investment Management, cutting an estimated $3.05M.
- 28 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q2 2016, down from 31 in Q1 2016.
- Funds reported $43.7M of Nuveen New York Quality Municipal Income Fund stock for Q2 2016, down 7.1% quarter-over-quarter.
- 3 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q2 2016 was Strategic Advisors, an estimated $550K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q2 2016 was Tortoise Investment Management, an estimated $3.05M sold.
Based on aggregated 13F filings for Q2 2016.